If a nation lacks abundant natural resources, it ______.
a. still faces the same challenges as a nation with abundant natural resources
b. cannot achieve sustained economic growth
c. will likely have a difficult time during its initial development
d. must increase the size of its population to achieve economic growth
c. will likely have a difficult time during its initial development
Economics
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According to the text, the actual M2 multiplier in the United States today is
A) about 5. B) between 1.0 and 2.0. C) negative. D) over 10.
Economics
Government expenditures on capital goods such as roads could increase aggregate supply. Such effects on aggregate supply are likely to matter more in the short run than in the long run
a. True b. False Indicate whether the statement is true or false
Economics